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Stake valued at about $3 billion Twitter shares surge 20% April 4 (Reuters) – Tesla Inc (TSLA.O) top boss Elon Musk revealed a 9.2% stake in Twitter Inc (TWTR.N), worth nearly $3 billion, making him the micro-blogging site’s largest shareholder and triggering a more than 25% rise in the company’s shares. Musk’s move comes close […]
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, US, April 29, 2016. REUTERS/Lucas Jackson/File Photo Register now for FREE unlimited access to Reuters.com Register April 2 (Reuters) – Tesla Inc (TSLA.O) on Saturday reported record electric vehicle deliveries for the first quarter, largely meeting analysts’ estimates, […]
Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register March 29 (Reuters) – As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 […]
Banks face mounting pressure to commit to custody roles Banks say they will meet existing client obligations Some clients afraid exits will follow as costs soar LONDON/NEW YORK, March 23 (Reuters) – Global banks including Citigroup Inc (CN), JPMorgan Chase & Co (JPM.N) and Societe Generale (SOGN.PA) face pressure to commit to remaining as custodian […]
NEW YORK, March 22 (Reuters) – The top US securities regulator on Tuesday urged a federal judge not to let Elon Musk escape an agreement requiring that his Twitter use be monitored, which the Tesla Inc (TSLA.O) chief executive considers part of a campaign of harassment. In a filing in the federal court in Manhattan, […]
US Federal Reserve Chairman Jerome Powell testifies during the Senate Banking Committee hearing titled “The Semiannual Monetary Policy Report to the Congress”, in Washington, US, March 3, 2022. Tom Williams/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register March 21 (Reuters) – Federal Reserve Chair Jerome Powell on Monday delivered his most […]
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, US, May 4, 2019. REUTERS/Scott Morgan Register now for FREE unlimited access to Reuters.com Register NEW YORK, March 21 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc […]
Steam rises from chimneys of a heating power plan over the skyline of central Moscow, Russia November 23, 2020. REUTERS/Maxim Shemetov/File Photo Register now for FREE unlimited access to Reuters.com Register Russia temporarily stopped foreigners selling assets Foreigners now need to provide details before trading Applications for permits must be made in Russian language LONDON/NEW […]
March 15 (Reuters) – Bitcoin loves flirting with the mainstream. But now, as the US president says he wants to get serious, he may be getting cold crypto feet. When Joe Biden ordered officials to prepare reports on the role of cryptocurrencies in future finance last Wednesday, bitcoin leapt as much as 9% and ether […]
NEW YORK, March 14 (Reuters) – Global investors are scooping up stakes in cryptocurrency funds and companies, as they seek exposure to a sector many believe could withstand the fallout from the Russia-Ukraine conflict. Research firm Fundstrat, in its latest note to clients, said venture capital (VC) buyers invested around $4 billion in the crypto […]
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